Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: babble-on
He knows what it is like to lose a steel mill job. This is the third mill he has worked at in recent years. One of the previous mills went bankrupt; the other moved most of its jobs to Mexico. Along the way, Almashy lost his home, his pension and his 401(k).

The mills he worked at were production mills. They closed as U.S. steel production has been in decline for many years. The "mill" he works at now is not a production mill, its a second-level processing mill.

The tariffs are designed to produce more steel domestically. The Russian company that owns his processing mill will either close, sell to another company, or start buying American steel. But even if it closes, if the product he makes has a demand, another American mill will have a job for him to pick up the slack.

23 posted on 06/10/2018 3:16:45 PM PDT by henkster (Monsters from the Id.)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: henkster

>>>The Russian company that owns his processing mill will either close, sell to another company, or start buying American steel. But even if it closes, if the product he makes has a demand, another American mill will have a job for him to pick up the slack.

Unless the Russian company closes the mill, produces the goods in Russia and exports them to America tariff free since the tariffs are on raw steel.


24 posted on 06/10/2018 3:34:14 PM PDT by oincobx
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson